Australia, Global Sentinel

Albanese’s feelgood 5% deposit scheme will only add fuel to Australia’s housing fire | Tom Mcllroy

Rather than a policy that experts say risks driving up property prices, Labor should be focused on its ambitious target of building 1.2m houses

Anthony Albanese had plenty of reasons to feel at home at the UK Labour party conference in Liverpool last weekend. Invited by Keir Starmer to deliver a major address, decades of attending party meetings in Australia clearly showed for the visiting prime minister.

Some of the policy challenges were familiar as well.